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$391,740

NAL Estimated Property Value

525 Ridgegate Dr, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,782 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.83 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Microwave

Exterior

Lot Size8,400 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26238800020260000
Lot Number26
SubdivisionGlenbrook Meadows 4th Sec
Land UseResidential
Legal DescriptionGLENBROOK MEADOWS 4TH SEC BLK B LOT 26 INT202300181789 DD09072023 CO-DC 2388000202600 1CG23880002
Census Tract019026
Assessed Land Value$75,000
Assessed Improvement Value$316,740
Assessment Year2025

About this property

Dollhouse! Great curb appeal and updated landscaping lead to a totally updated interior*inviting entry, family room with vaulted ceiling and exposed beams, fireplace and lots of natural light*Updated kitchen & breakfast room with gas cooktop, granite counters , hardware, lighting & appliances*private study just off the kitchen could also be a great playroom for the kids, craft room, workout room or nursery*bedrooms are spacious and Baths are totally updated*Master Suite is private and very spacious with a barn door to the ensuite bath*Huge shaded back yard with covered patio, play area for the kids, seating area around the Firepit and Mature Trees. Roof recently replaced as well! This one even comes with Great Neighbors! Popular Glenbrook Meadows area of North Garland near Firewheel Town Center, schools and Bush Freeway.

Investor Tools

Property Icon
$391,740
Estimated Property Value
$137,958Estimated Mortgage Balance
$253,782Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,350 /month
Positive
Cash Flow Estimate:
$783 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$761/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,168
$391,740
2025
$75,000
$316,740
$391,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,168
$391,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$145,000
No
First
Sep 7, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,958
$253,782
64%
35%
$870/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$870/mo
+$1,702/mo
7.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Garland

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525 Ridgegate Dr | Property Details | No Agent List